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Saturday, August 19, 2017

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We understand the entertainment industry, and the people in it.

History & philosophy

In the early 1900s, average working Canadians had little access to the banks. Credit unions, organized locally according to cooperative models, were born in this country as a result.  The first credit union was created in Levis, Quebec in 1900 when 80 people banded together as a caisse populaire.

By the early 1940s, credit unions had been established across Canada, primarily by groups of Canadians with common work or life interests.  And the rest is history — as the system now employs over 65,000 people serving 11 million members, and manages assets of over $200 billion.

Our history is the foundation of our philosophy: that everyone deserves an opportunity to achieve financial well-being; that working together, cooperatively, works for the good of all; and that giving back to communities is a key rationale for profitable operations.

Cooperative principles

  • Voluntary and open membership
  • Democratic member control
  • Member economic participation (through member shares)
  • Autonomy and independence (self-help organizations controlled by members)
  • Education, training and information (for members, staff and directors)
  • Cooperation among cooperatives (working together locally, regionally, nationally and internationally)
  • Concern for community

Around the world

The international credit union system is comprised of 91 countries, 43,000 credit unions and 136 million members.  As a member of Creative Arts Savings & Credit Union, you will be a welcome and respected member of a strong movement in a global community.

NEWS: Frank Manzo appointed CEO

Creative Arts Savings & Credit Union is pleased to announce the appointment of Frank Manzo to the position of CEO. Read the release...

Look Who's Talking

Shelley Cook recalls a time when she approached one of the big banks for a loan. “I told them I was a stunt girl and they said ‘Do you have a real job?’ “ Read more...

Deposit Insurance

Did you know that deposits in Creative Arts Savings & Credit Union are insured by the Deposit Insurance Corporation of Ontario? So you can rest comfortably knowing your deposits are safe.    Read more... 

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625 CHURCH STREET. 1ST FLOOR, TORONTO, ON  M4Y 2G1
416.642.6749  |  877.643.3660  |  info@creativeartscu.com

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